Following weeks of tense discussions, the spending plan is in jeopardy as the US Senate has a protracted vote on a massive budget that is essential to President Donald Trump’s agenda.
The One Big Beautiful Bill Act’s Republicans, who control both houses of Congress, disagree on how much to eliminate welfare programs to prolong tax incentives. Elon Musk, a former close aide of Donald Trump, has once again criticised the legislation, which the president’s party is rushing to approve by July 4. The House of Representatives, which passed its own version of the bill last month by a single vote, will have to hold another vote if the proposals pass the Senate.
A procedure known as “vote-a-rama” is already underway, with senators debating whether to add changes to the roughly 1,000-page law. This discussion may last up to 20 hours. The plan, if approved, would also decrease some social programs and raise the national debt. The session is anticipated to last through the night and into Tuesday morning. Insane” is how Elon Musk has intensified his condemnation of the US president’s tax and spending measures.
A Republican who “campaigned on reducing government spending” and then “immediately voted for the biggest debt increase in history” would face his challenge, he threatened. The Treasury Department estimates that the current national debt is $36 trillion. According to updated projections, the measure would increase the debt by $3.3 trillion if approved.
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